Ok Coinbase is a bankruptcy risk watch out, all companies say they are fine until the end.
submitted by /u/HammondXX [link] [comments]
submitted by /u/HammondXX [link] [comments]
Pressure from the Kremlin and sanctions from the West have forced Russian news outlet Meduza to increasingly rely on cryptocurrency donations to fund its independent journalism. As the restrictions imposed over Moscow’s invasion of Ukraine have prevented its Russian readers from contributing in fiat currency, the Riga-based website now accepts several digital coins. Meduza Pulls […]
Guys, the fear-greed index is at 12, Extreme Fear. We’re seeing a lot of fear, a lot of uncertainty. The Luna situation has only exacerbated what was already a depressed market. But veteran investors are looking at this unmoved. Remember when Bitcoin was $50k and people were calling that a bear market? That it would…
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I'm a web developer(not web3) and have been in Solana/Sol NFTs since august. Now I want to start developing in web3 but can't decide between Sol and Eth. I already played around a little bit with Solidity(eth), but I don't see where could I go once I have a portfolio of apps? The thing is…
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A botched minting process and the collapse of Otherdeed’s price have taken a toll on ApeCoin, leading investors to question APE’s future utility and value.
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the Terra ecosystem meltdown.
What should a crypto exchange do right at the time a top 10 stablecoin is imploding with billions of dollars vanishing and people losing all their savings? Surely not shill another algorithmic stablecoin that almost uses the same design as the one imploding… Thats what Poloniex is doing. USDD = trustable, according to Poloniex. And…
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First of all, I’d like to day that I’m not throwing hate at Bitcoin. I love Bitcoin and its the project that started off everything. I’m just going to be stating some facts. Ethereum is a multi-purpose blockchain capable of performing multiple tasks meanwhile Bitcoin is a single use blockchain with not much utility and…
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Data shows the Bitcoin market has again fallen back into a state of extreme fear as the price has plummeted down over the past week. Bitcoin Fear And Greed Index Says Market Is Extremely Fearful As per the latest weekly report from Arcane Research, extreme fear has returned to the BTC market, suggesting now may be the time to buy. The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the Bitcoin market. The index uses a numeric scale that runs from one to hundred for representing the sentiment. All values above the “50” point signify greed, while those below the cutoff imply the market is fearful right now. Values towards the end of the range of above 75 and below 25 indicate sentiments of extreme greed and extreme fear, respectively. Historically, bottoms have tended to form during periods of extreme fear while tops have occurred when the market is extremely greedy. Because of this, some investors believe that buying during extreme fear and selling during extreme greed in optimal. Related Reading | Bitcoin Long-Term Holders Start Capitulating Amid Panic “Contrarian investing” is a trading method that follows this idea. Warren Buffet’s famous quote best sums the philosophy up: Be fearful when others are greedy, and greedy when others are fearful. Now, here is a chart that shows the trend in the Bitcoin fear and greed index over the past year: The value of the indicator seems to have plunged down in the last week | Source: Arcane Research’s The Weekly Update – Week 18, 2022 As you can see in the above graph, the Bitcoin fear and greed index now has a value of 10, suggesting that the sentiment has declined to extreme greed. The report notes that the value of the metric hasn’t been worse than this since the COVID crash back in March 2020. As mentioned before, such a sentiment usually brings with it buying opportunities. However, even so it’s not a sure buy signal either. Related Reading | Will Mercury In Retrograde Bring A Mood Shift In Bitcoin? The last time the index reached a similar value was back in January of this year. Then, the bottom didn’t actually form until two weeks after the sentiment turned extremely fearful and Bitcoin observed another drop of 20%. So, it’s not certain if now is the time to buy. But nonetheless, such a deep extreme fear sentiment might just be a signal for investors to look out for bottoms forming in the near future. BTC Price At the time of writing, Bitcoin’s price floats around $29.5k, down 25% in the past week. Looks like the price of the crypto has observed a sharp drop today | Source: BTCUSD on TradingView Featured image from Unsplash.com, charts from TradingView.com, Arcane Research
First of all, I am thankfully not invested in TerraLuna. My heart goes out to everyone impacted by the price drop and I hope you seek the necessary help. Nothing is worth losing your life over. Terra's market dropped from 6.7 billion USD to 790 million USD in 24 hours. Do people seriously think that…
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